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Barchart
Rich Asplund

Cocoa Prices Consolidate Below Last Week's 6-3/4 Year Highs

Ice ICCO Ivory Coast NY London

July ICE NY cocoa (CCN23) on Friday closed up +18 (+0.60%), and July ICE London cocoa #7 (CAK23) closed up +1 (+0.04%).

Cocoa prices Friday posted moderate gains.  Cocoa has been trading sideways over the past week as prices consolidate below last Monday's 6-3/4 year highs.  A stronger dollar Friday limited gains in cocoa.

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